$BTC Analysis - 12/07/2025

Bitcoin recovered to $117.4k after a brief drop, but the price remains choppy with no clear entry.

I'll wait for a breakout above the highs or a drop to $115.8k (support with AVWAP) to enter.

If it falls to $113.7k (0.62 Fibonacci retracement), it could turn bearish, undoing the momentum from the ATHs; a full retracement to the consolidation range would be key. Not my base case, but I'm keeping an eye on it.

On-chain data shows institutional accumulation, adding complexity.

What do you think? #Bitcoin #Trading #Crypto